Shanghai Composite Ends at 1-Month High
2025-12-25 09:17
By
Farida Husna
1 min. read
The Shanghai Composite rose 19 points, or 0.5%, to close at 3,960 on Thursday, extending its winning streak to seven sessions, the longest since July, and finishing at a one-month top.
Sentiment was lifted by Beijing’s latest easing of property purchase curbs aimed at stabilizing the struggling real estate sector.
The Shenzhen Component also reversed early losses to end modestly higher, after China's central bank pledged to steady market expectations and keep the yuan “basically stable at a reasonable and balanced level”.
Risk appetite was further helped by record closes on Wall Street’s S&P 500 and Dow Jones Wednesday, owing to rising global interest in Chinese AI firms as funds sought diversification and hunted for the next “DeepSeek” amid concerns over stretched U.S.
tech valuations.
Commercial services, producer manufacturing, and consumer non-durables led gains, with notable movers from Ping An Insurance (2.6%), Foxconn Industrial Internet (2.4%), and China Life Insurance (1.4%).